Category: Economy
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GDP growth surges to 8.2% on manufacturing gains
Why is it in the news? India’s real Gross Domestic Product (GDP) for FY24 is estimated to have grown by a faster-than-projected 8.2%, quickening from FY23’s 7% pace, the National…
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India VIX
Why is it in the news? India VIX, reflecting the market’s near-term volatility expectations, surged past the 21 mark. Volatility Index The Volatility Index, also known as VIX or the…
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Nairobi Declaration
Why is it in the news? African presidents have unanimously endorsed the Nairobi Declaration on fertilizer and soil health, demonstrating their commitment to prioritize domestic fertilizer production. The aim is…
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Smart Cities Mission (SCM)
About the news The concept of “Smart Cities” gained prominence post-2009, emphasizing integrated infrastructure, advanced ICT, and sustainable urban development. The NDA-1 government initiated the SCM in June 2015, selecting…
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Export-Import in agri Sector
About the news India’s agricultural exports fell by 8.2% in the fiscal year ended March 31, 2024, largely due to curbs on exports of commodities such as sugar, non-basmati rice,…
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India became third largest solar power generator
Why is it in the news? India has become the third-largest solar power generator according to the Global Electricity Review (GER) 2024 report released by global energy think tank Ember.…
